CLPS Current Ratio from 2010 to 2024

CLPS Stock  USD 1.11  0.01  0.91%   
CLPS Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 1.87 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.96192568
Current Value
1.87
Quarterly Volatility
0.57021301
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CLPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CLPS's main balance sheet or income statement drivers, such as Tax Provision of 152.7 K, Discontinued Operations of 0.0 or Depreciation And Amortization of 667.6 K, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.12 or PTB Ratio of 0.34. CLPS financial statements analysis is a perfect complement when working with CLPS Valuation or Volatility modules.
  
Check out the analysis of CLPS Correlation against competitors.

Latest CLPS's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of CLPS Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. CLPS's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CLPS's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.53 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

CLPS Current Ratio Regression Statistics

Arithmetic Mean2.05
Geometric Mean1.99
Coefficient Of Variation27.76
Mean Deviation0.49
Median1.87
Standard Deviation0.57
Sample Variance0.33
Range1.8033
R-Value0.62
Mean Square Error0.22
R-Squared0.38
Significance0.01
Slope0.08
Total Sum of Squares4.55

CLPS Current Ratio History

2024 1.87
2023 1.96
2022 2.77
2021 2.53
2020 3.3
2019 2.48
2018 2.64

About CLPS Financial Statements

CLPS shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although CLPS investors may analyze each financial statement separately, they are all interrelated. The changes in CLPS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CLPS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.96  1.87 

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Additional Tools for CLPS Stock Analysis

When running CLPS's price analysis, check to measure CLPS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CLPS is operating at the current time. Most of CLPS's value examination focuses on studying past and present price action to predict the probability of CLPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLPS's price. Additionally, you may evaluate how the addition of CLPS to your portfolios can decrease your overall portfolio volatility.